Househeating Pulse
EU Heat-Pump Market Intelligence

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Finland FI

colder climate · Currency EUR

€0.2254/kWh
Electricity (Eurostat)
Gas (Eurostat)
4408
Annual HDD₁₈
-2.9 °C
Mean January temp.

Subsidy programmes

No subsidy programmes seeded for this country yet.

Estimated installed cost

Fully turnkey ranges (equipment + labour + DHW where typical) for Finland. Compiled from JRC/EHPA market data and national subsidy program ceilings — not quotes for any specific model.

Air-to-water · 8–14 kW

€17ktypical
Range €13k€22k

Highly competitive Finnish market.

Source: SULPU / Motiva 2024

Ground-source · 8–14 kW

€23ktypical
Range €18k€30k

Largest per-capita ground-source share globally; €22–25k typical.

Source: SULPU 2024

Best-case net cost after the largest available subsidy is shown where applicable in the subsidies section above. Use the payback calculator to combine these with your fuel tariff.

Electricity price history

PeriodIncl. tax €/kWhExcl. tax €/kWh
2025-070.22540.1570
2025-010.22760.1588
2024-070.23190.1629
2024-010.24890.1782
2023-070.24030.1712
2023-010.25570.1934
2022-070.24740.1806
2022-010.19340.1335
2021-070.18400.1259
2021-010.17670.1200
2020-070.17730.1205
2020-010.17400.1178